Animoca Brands partners with NFT Project Imaginary Ones to enhance tokenomics
Web3 enterprise capital agency Animoca Manufacturers has introduced a partnership with Imaginary Ones, a Singapore-based NFT challenge.
Based on a press launch shared with Crypto.information, the NFT challenge plans to leverage Animoca’s experience and assets to strengthen its tokenomics. The enterprise capital agency may also assist Imaginary Ones with its “go-to-market technique,” the discharge added.
“Animoca Manufacturers’ help will fast-track our plans within the three areas of utility, cash and improvement, which is able to assist to unify Web2 and Web3 worlds and construct on our promise that for those who can think about it, we will construct it,” stated Clement Chia, co-founder of Imaginary Ones.
As a part of this collaboration, Imaginary Ones can also be planning an airdrop marketing campaign for Imaginary Ones and Imaginary Rides NFT holders. The airdrop will distribute the challenge’s native token, BUBBLE coin, which is slated to launch in Q1 of 2024.
Initially established as an IP firm, Imaginary Ones transitioned right into a Web3 leisure firm. The challenge’s first NFT assortment offered out in 4 minutes in April 2022.
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The agency additionally partnered with trend large Hugo Boss in 2023, changing into the primary Asian NFT challenge to associate with a world trend model. The challenge has since launched two web3 video games, Bubble Rider and Bubble Rangers.
“Imaginary Ones has constructed a sturdy ecosystem, and its collaborations with trade giants reminiscent of Hugo Boss and Samsung are a mirrored image of the corporate’s visionary method to assist bridge the hole between the Web2 and Web3 industries,” stated Yat Siu, co-founder and government chairman of Animoca Manufacturers.
The announcement follows Anioca Model’s funding into Imaginary Ones on February 29, 2024. Nonetheless, the worth of the funds invested stays undisclosed.
In addition to Imaginary Ones, Animoca Manufacturers additionally joined arms with BlockPass, a web3 agency constructing KYC options for decentralized platforms. The partnership, introduced on March 15, focuses on addressing issues associated to AI deep fakes and identification theft.
Learn extra: Animoca Manufacturers subsidiary to launch a metaverse token on Bitcoin
